County wants loan to build levee for KiOR plant
Published: September 10,2012
NATCHEZ — Adams County is applying for a $3 million state loan to help pay for a levee to be built on the site of the former Belwood Country Club.
The levee is part of the county’s commitment to an economic recruiting package to bring alternative fuels company KiOR to Adams County. The Belwood property fills with water during high river stages, and the levee will designed to protect the property from flooding.
The Natchez Democrat reports the levee project is expected to cost up to $6 million. County officials say the remainder of the cost will be financed by bonds.
KiOR plans to build a facility that converts organic matter into liquid fuel. The company’s $350 million investment is expected to generate 320 direct and indirect jobs.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Wasted away — Margaritaville in Biloxi to close by Sept. 19
- WILLOUGHBY: Broadband Voice founder Gary Watts isn’t afraid to take chances
- Severstal selling plants, including Severstal Columbus
- McDaniel alleges GOP race-baiting; says party should be 'purged'
- Mississippi Power conducts successful tests at Kemper plant
- Seafood dealer/processor guilty of illegal handling of oysters
- Chevron U.S.A.'s base oil facility begins production
- Medical transportation company opening operation/call center
- Corn growers watch bear market eat profits
- Chinese drywall manufacturer fined, banned from doing business in U.S.